Blog: Olly WehringCoca-Cola Co & Monster - Did you get rich quick?

Olly Wehring | 1 May 2012

Here's what my news 'timeline' looked like this morning:

A story runs in a prominent newspaper, citing unidentified people familiar with the situation as saying that the Coca-Cola Co is in discussions to buy Monster Beverage Corp.

Then, some stories break saying that Monster's share-price has soared to an eight-year high.

Soon afterwards, Coca-Cola issues a statement, saying it is not in negotiations with Monster.

Finally, several news outlets say that Monster's share price has slipped back to pre-speculation levels.

Here's what the situation looks like.

I'll wager that someone, somewhere made a pretty penny in the last 24 hours.


BLOG

Diet Coke decline leaves Pepsi sitting pretty

Last year was tough for The Coca-Cola Co. So staff in Atlanta won't be pleased to read that Pepsi has overtaken Diet Coke as the no. 2 soda brand in the US. ...

BLOG

Net-buster kicks-off Budweiser 'Dream Goal' campaign - video

A bit of football fun for a Friday. Anheuser-Busch InBev has released the ad that will accompany its new Budweiser 'Dream Goal' campaign, that seeks to find the UK's best amateur goal. ...

BLOG

Are New York's craft beer fans any the (Bud)weiser?

No sooner had Anheuser-Busch InBev taken a gentle pop at the craft beer segment during February's Super Bowl, than the world's largest brewer has challenged the sub-category's target market in New Yor...

BLOG

The secret to a long life? Three cans of Dr Pepper a day - video

A few wry grins will have been raised in the offices of Dr Pepper Snapple Group today. ...

just-drinks homepage



Forgot your password?